2013-07-16 Bitcoin, Peso and Interstellar Kredits

[zakoliverz]

http://goldnews.bullionvault.com/bitcoin-peso-071820133

It's not a very difficult concept. Shrinking the supply of currency helps support its value. You sell something (typically a government bond, but perhaps a virtual spaceship), take the money received in payment, and effectively make it disappear. It is like "unprinting money".